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Fintech Select Ltd.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 4.0M 3.8M 2.6M 2.8M
Operating Revenue 4.0M 3.8M 2.6M 2.8M
Cost Of Revenue 225,674 219,412 187,213 243,275
Gross Profit 3.8M 3.6M 2.4M 2.5M
Selling General And Administration 3.3M 3.3M 2.9M 2.5M
General And Administrative Expense 3.3M 3.3M 2.9M 2.5M
Depreciation And Amortization In Income Statement 17,573 79,143 124,990 127,189
Operating Expense 3.3M 3.3M 3.0M 2.6M
Operating Income 430,944 258,785 -591,122 -67,812
EBIT 489,749 335,981 1.2M 23,074
Interest Expense 0.00 6,769 14,977 27,799
Interest Expense Non Operating 0.00 6,769 14,977 27,799
Net Interest Income 0.00 -6,769 -14,977 -27,799
Other Income Expense 58,805 77,196 1.8M 90,886
Other Non Operating Income Expenses -- 103,080 2.2M 108,072
Special Income Charges -- 0.00 -382,125 0.00
Gain On Sale Of Security 58,805 -25,884 27,158 -17,186
Pretax Income 489,749 329,212 1.2M -4,725
Tax Effect Of Unusual Items 8,821 -10,354 -93,037 0.00
Net Income From Continuing And Discontinued Operation 489,749 329,212 1.2M -112,797
Net Income From Continuing Operation Net Minority Interest 489,749 329,212 1.2M -112,797
Net Income Including Noncontrolling Interests 489,749 329,212 1.2M -4,725
Net Income Common Stockholders 489,749 329,212 1.2M -112,797
Net Income 489,749 329,212 1.2M -112,797
EBITDA 507,322 415,124 1.3M 150,263
Normalized EBITDA 448,517 441,008 1.7M 167,449
Reconciled Depreciation 17,573 79,143 124,990 127,189
Basic EPS 0.01 0.00 0.01 -0.00
Diluted EPS 0.01 0.00 0.01 -0.00
Basic Average Shares 80.0M 80.0M 79.5M 72.4M
Diluted Average Shares 80.0M 80.0M 79.5M 72.4M
Total Unusual Items 58,805 -25,884 -354,967 -17,186
Total Unusual Items Excluding Goodwill 58,805 -25,884 -354,967 -17,186
Tax Rate For Calcs 0.15 0.40 0.26 0.00
Normalized Income 439,765 344,742 1.5M -95,611
Depreciation Amortization Depletion Income Statement 17,573 79,143 124,990 127,189
Diluted NI Availto Com Stockholders 489,749 329,212 1.2M -112,797
Gain On Sale Of Ppe -- -- -- 0.00
Impairment Of Capital Assets -- 0.00 382,125 -108,072
Net Income Continuous Operations 489,749 329,212 1.2M -4,725
Net Non Operating Interest Income Expense 0.00 -6,769 -14,977 -27,799
Other Gand A 312,931 210,737 243,620 186,856
Other Special Charges -- -103,080 -2.2M --
Reconciled Cost Of Revenue 225,674 219,412 187,213 243,275
Salaries And Wages 3.0M 3.1M 2.6M 2.3M
Total Expenses 3.6M 3.6M 3.2M 2.8M
Total Operating Income As Reported 489,749 226,132 -578,941 -112,797
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 109,563 15,101 35,558 71,646
Cash Cash Equivalents And Short Term Investments 774,308 294,675 147,828 364,314
Cash Financial 109,563 15,101 35,558 71,646
Other Short Term Investments 664,745 279,574 112,270 292,668
Accounts Receivable 141,577 146,867 144,850 154,562
Receivables 141,577 146,867 144,850 154,562
Inventory 1,993 0.00 16,347 16,989
Prepaid Assets -- -- -- 23,033
Other Current Assets 25,518 28,308 11,656 23,033
Current Assets 943,396 469,850 320,681 558,898
Gross PPE 1.8M 1.8M 1.8M 1.8M
Accumulated Depreciation -1.8M -1.8M -1.7M -1.7M
Net PPE 62,861 74,728 91,320 108,898
Goodwill And Other Intangible Assets 7,874 10,669 71,031 555,274
Other Intangible Assets 7,874 10,669 71,031 555,274
Total Non Current Assets 70,735 85,397 162,351 664,172
Total Assets 1.0M 555,247 483,032 1.2M
Current Debt -- 89,162 469,641 136,519
Current Debt And Capital Lease Obligation -- 89,162 535,355 251,429
Payables And Accrued Expenses 937,131 1.2M 1.3M 3.6M
Current Deferred Revenue 41,148 41,148 41,148 41,148
Current Liabilities 978,279 1.3M 1.9M 3.9M
Long Term Debt And Capital Lease Obligation -- 0.00 0.00 56,583
Long Term Capital Lease Obligation -- 0.00 0.00 56,583
Total Non Current Liabilities Net Minority Interest 0.00 0.00 0.00 56,583
Total Liabilities Net Minority Interest 978,279 1.3M 1.9M 3.9M
Common Stock 18.7M 18.7M 18.7M 18.4M
Capital Stock 18.7M 18.7M 18.7M 18.4M
Additional Paid In Capital 6.8M 6.7M 6.7M 6.7M
Retained Earnings -25.8M -26.3M -26.7M -27.9M
Gains Losses Not Affecting Retained Earnings 281,149 -51,899 -233,454 -14,243
Other Equity Adjustments 281,149 -51,899 -233,454 -14,243
Common Stock Equity 35,852 -786,945 -1.4M -2.7M
Stockholders Equity 35,852 -786,945 -1.4M -2.7M
Total Equity Gross Minority Interest 35,852 -786,945 -1.4M -2.7M
Total Capitalization 35,852 -786,945 -1.4M -2.7M
Net Tangible Assets 27,978 -797,614 -1.5M -3.2M
Tangible Book Value 27,978 -797,614 -1.5M -3.2M
Working Capital -34,883 -872,342 -1.6M -3.3M
Invested Capital 35,852 -697,783 -939,839 -2.5M
Total Debt -- 89,162 535,355 308,012
Net Debt -- 74,061 434,083 64,873
Share Issued 80.0M 80.0M 80.0M 72.6M
Ordinary Shares Number 80.0M 80.0M 80.0M 72.6M
Capital Lease Obligations -- 0.00 65,714 171,493
Current Capital Lease Obligation -- 0.00 65,714 114,910
Current Deferred Liabilities 41,148 41,148 41,148 41,148
Leases 6,522 6,522 6,522 6,522
Machinery Furniture Equipment 186,502 184,527 184,327 183,960
Other Current Borrowings -- 89,162 469,641 136,519
Other Equity Interest 111,768 181,823 108,004 109,076
Other Properties 1.6M 1.6M 1.6M 1.6M
Properties 0.00 0.00 0.00 0.00
Line Item FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 179,853 434,910 -243,621 124,193
Cash Flow From Continuing Operating Activities 179,853 434,910 -243,621 124,193
Depreciation And Amortization 17,573 79,143 124,990 127,189
Depreciation Amortization Depletion 17,573 79,143 124,990 127,189
Stock Based Compensation 0.00 111,768 0.00 71,127
Change In Working Capital -268,664 -3,370 234,627 8,326
Changes In Account Receivables 5,290 -2,017 9,711 66,586
Change In Receivables 5,290 -2,017 9,711 66,586
Change In Inventory -1,993 16,347 643.00 -2,192
Change In Payables And Accrued Expense -274,751 -1,046 212,895 -33,307
Change In Other Working Capital -- -- -- -12,410
Other Non Cash Items -- -96,311 -2.1M 27,799
Capital Expenditure -2,911 -2,190 -5,294 -2,363
Purchase Of PPE -2,911 -2,190 -5,294 -2,363
Net PPE Purchase And Sale -2,911 -2,190 -5,294 -2,363
Investing Cash Flow -2,911 -2,190 -5,294 -2,363
Cash Flow From Continuing Investing Activities -2,911 -2,190 -5,294 -2,363
Issuance Of Debt -- -- 465,162 --
Repayment Of Debt -89,162 -452,961 -252,798 -154,912
Net Issuance Payments Of Debt -89,162 -452,961 212,364 -154,912
Issuance Of Capital Stock -- -- 0.00 67,857
Net Common Stock Issuance -- -- 0.00 67,857
Financing Cash Flow -89,162 -452,961 212,364 -87,055
Cash Flow From Continuing Financing Activities -89,162 -452,961 212,364 -87,055
Effect Of Exchange Rate Changes 6,682 -216.00 463.00 -134.00
Changes In Cash 87,780 -20,241 -36,551 34,775
Beginning Cash Position 15,101 35,558 71,646 37,005
End Cash Position 109,563 15,101 35,558 71,646
Free Cash Flow 176,942 432,720 -248,915 121,830
Amortization Cash Flow -- 61,252 -- --
Amortization Of Intangibles -- 61,252 -- --
Asset Impairment Charge -- 0.00 382,125 0.00
Change In Prepaid Assets 2,790 -16,654 11,378 -10,351
Common Stock Issuance -- -- 0.00 67,857
Depreciation -- 17,892 -- --
Gain Loss On Sale Of PPE -- -- -- 0.00
Long Term Debt Payments 0.00 -67,120 -114,912 -114,910
Net Foreign Currency Exchange Gain Loss -58,805 14,468 -39,274 2,549
Net Income From Continuing Operations 489,749 329,212 1.2M -112,797
Net Intangibles Purchase And Sale -- 0.00 0.00 0.00
Net Long Term Debt Issuance 0.00 -67,120 -114,912 -114,910
Net Short Term Debt Issuance -89,162 -385,841 327,276 -40,002
Operating Gains Losses -58,805 14,468 -39,274 2,549
Sale Of Intangibles -- 0.00 0.00 0.00
Short Term Debt Issuance -- -- 465,162 --
Short Term Debt Payments -89,162 -385,841 -137,886 -40,002
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